What happened to the ROSCOs? - entities also made possible by privatisation ; - The ROlling Stock COmpanies that bought(?) and owned (still own?) the trains and locos (such as Angel Trains, Porterbrook and HSBC Rail), and leased them to the Train Operating Companies.S.A.C. Martin wrote:But that's not how it works Manna - the operators don't, for the most part, own their own trains but have them leased to them over the run of a contract from the DfT. Look at the problems Virgin have had with getting the DfT to agree to them extending the length of the Pendolinos, or the forced purchases from companies like Bombardier for London Midland and you can see that the whole TOC/Network Rail/DfT/ORR quadrangle is a big problem for any long term investments in new trains.
At least, that's my understanding of the situation - is there anyone who can clarify further?
Pacer Safety
Moderators: 52D, Tom F, Rlangham, Atlantic 3279, Blink Bonny, Saint Johnstoun, richard
-
StevieG
- LNER A4 4-6-2 'Streak'
- Posts: 2353
- Joined: Sat Oct 10, 2009 9:08 pm
- Location: Near the GN main line in N.Herts.
Re: Pacer Safety
BZOH
/\ \ \ //\ \
/// \ \ \ \
/\ \ \ //\ \
/// \ \ \ \
-
S.A.C. Martin
Re: Pacer Safety
Thanks Stevie, I knew I'd forgot something along the way!StevieG wrote:What happened to the ROSCOs? - entities also made possible by privatisation ; - The ROlling Stock COmpanies that bought(?) and owned (still own?) the trains and locos (such as Angel Trains, Porterbrook and HSBC Rail), and leased them to the Train Operating Companies.S.A.C. Martin wrote:But that's not how it works Manna - the operators don't, for the most part, own their own trains but have them leased to them over the run of a contract from the DfT. Look at the problems Virgin have had with getting the DfT to agree to them extending the length of the Pendolinos, or the forced purchases from companies like Bombardier for London Midland and you can see that the whole TOC/Network Rail/DfT/ORR quadrangle is a big problem for any long term investments in new trains.
At least, that's my understanding of the situation - is there anyone who can clarify further?
Still, what a system. Rail companies don't own their own track, their stations, or the trains they run, and in some cases, don't employ the staff they use either! In theory, a right old mess, but some companies seem to be able to adapt and work well in the conditions, so who am I to judge.